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Lyn Alden x.com
The fact that people still care about 25 basis points is evidence that they don’t yet appreciate the depth of the fiscal dominance we are in. Anyway, have a nice weekend.
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19 September
17 September
14 September
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korrents.com
The U.S. dollar's continued global dominance is a lagging indicator, not proof that American hegemony remains intact.Their words
the dollar's status is not a harbinger of U.S. hegemonic decline - it's a lagging indicator.
The Dollar Will Be the Last Pillar To Falldanieldrezner.substack.com
12 September
11 September
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korrents.com
People can appreciate others' contributions in certain domains without agreeing with them on everything.Their words
You don't have to agree with everyone about everything to appreciate their contributions in certain domains.
10 September
9 September
7 September
6 September
5 September
4 September
3 September
2 September
29 August
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Their words
The biggest failure, the one that counts in the end, was that the models were severely misaligned, and I don’t think they appreciate why.
21 August
20 August
13 August
11 August
10 August
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korrents.com
Pick something hard and boring: fun problems are the crowded ones now that anybody can prompt a thing into existence.Their words
Maybe I would pick something again that's that's in the category hard and boring because that's usually a category that is a little bit easier to actually find people that will appreciate when you solved something. If you pick something that is fun, even if it's hard, you're gonna have a very tough time, especially in a time where people can just prompt things into existence.
1 August
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korrents.com
China's real exchange rate should appreciate through higher domestic inflation, not currency revaluation.Their words
My view is that an appreciation of China's REER is very much to be desired, but the real (haha) way to get there is through higher inflation domestically, and that means different macro policies.
17 July
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Their words
I read a bunch of blog posts about how it is totally fine to use SQLite in production for a small site and I think it is totally fine, but what I did not fully appreciate is that SQLite is still a database, databases are complicated, and I do not know a lot about operating databases.
15 July
15 May
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korrents.com
People only truly grasp the harm of a gatekeeping rule once that same rule is turned against their own work.Their words
All they need before they can truly appreciate empathy and humanity is one thing: have one of their own posts closed and deleted by another group of gatekeepers.
16 April
13 March
2 March
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korrents.com
Regulation must precede reflection: cognitive insight fails while a nervous system is in defensive dominance.Their words
Polyvagal theory provided me with a coherent framework for understanding why cognitive insight alone often fails when a nervous system is in defensive dominance. In such states, higher-order cortical processes are functionally constrained.
24 January
21 December 2025
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Likedaffiliate linkrcmnd.app
The Handmaid’s TaleTheir words
I liked the book a lot more than the show but watching the show helped me appreciate the book more.
18 September 2025
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korrents.com
An abstraction chosen wrongly at the start means a team can never make its software great, however good that team is.Their words
Just imagine you use very bad software and um the team that started the project decided early to use Xamarin and then they never had a chance of making this as good as all the other things you really appreciate on your phone due to this decision no matter how good they are.
2 September 2025
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korrents.com
Being certain a technology matters tells you almost nothing about where its value will end up being captured.Their words
It wasn't clear that the browser wasn't where the value capture was cuz Microsoft crowbarred its way into dominance in browsers but that turned out not to matter and then all the value is in search advertising and social which were 5 years later and 10 years later and so like you can be very very clear that this is the thing and then still be completely unclear how it's going to work.
30 June 2025
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Recommendsrcmnd.app
Slow BoringTheir words
He takes a very proto-rationalist, practical approach to this, that I very much appreciate, complete with yearly predictions. The writing is consistently enjoyable and clear.
21 May 2025
From one piece The Era Of The Business Idiot 2 beliefs, in the piece's order there
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korrents.com
Once shareholder value is the only goal, nothing else — the customer, the product, the workplace — is anybody’s job.Their words
When you care only about shareholder value, the only job you have is to promote further exploitation and dominance — not to have happy customers, not to make your company "a good place to work," not to make a good product, not to make a difference or contribute to anything other than further growth.
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korrents.com
Management has stopped meaning doing work and now means maintaining a culture of dominance and extraction.Their words
Management as a concept no longer means doing "work," but establishing cultures of dominance and value extraction.
6 April 2025
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Their words
It’s the work ethic, knowhow, commitment, combined with top notch infrastructure, that makes China the most powerful manufacturing country in the world today.
8 January 2025
From one piece Full Steam Ahead: All Aboard Fiscal Dominance 3 beliefs, in the piece's order there
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korrents.com
The United States is not at risk of a financial crisis caused by the size of its government debt.Their words
Stabilizing factors such as the global demand for U.S. dollars and debt denominated in its own currency suggest an era of fiscal dominance in the U.S. that's less dramatic than alarmists predict but more persistent and intractable than optimists hope.
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Their words
Since inflation is not primarily driven by private-sector lending in the current environment, making borrowing more expensive will not significantly cool the economy.
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Their words
Structural fiscal deficits have surpassed private sector lending and monetary policy as the primary drivers of economic activity and inflation, marking a fundamental shift in the economy's liquidity dynamics.
31 December 2024
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Likedrcmnd.app
The C Programming LanguageTheir words
The C Programming Language - I've finally gotten to the point in my career where I can appreciate the elegance of this book.
30 November 2024
12 August 2024
22 April 2024
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Their words
And rather than trying to ask, how close is it to being a human-like intelligent, we should appreciate it for what its capabilities are, and that will both be more accurate and help us put it to work and protect us from the dangers better rather than always anthropomorphizing it.
6 November 2023
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Their words, before
If the future is like the past, this implies that debt rollovers—that is, the issuance of debt without a subsequent increase in taxes—may well be feasible. Put bluntly, public debt may have no fiscal cost.
Their words now
Across advanced economies, the celebrated ( r - g ), i.e., the difference between the interest rate and the growth rate, appears to have durably changed sign or, at a minimum, to have gone from a substantially negative number to a number closer to zero.
6 June 2023
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Their words
The single greatest risk of AI is that China wins global AI dominance and we – the United States and the West – do not.
23 April 2023
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korrents.com
People with little experience at a task often welcome a degree of close oversight, provided it is given thoughtfully.Their words
People with low task-relevant maturity appreciate some amount of micromanagement (if they're self-aware and you're nice about it).
4 March 2023
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Their words, before
My view is that it’s going to take more than this regulatory campaign to defeat dynamism in China.
Their words now
What I did not sufficiently appreciate is that a state that would so casually decapitate a sector like online tutoring would also have the will to visit catastrophe upon whole cities.
1 June 2022
From one piece Fiscal Policy under Low Interest Rates 5 beliefs, in the piece's order there
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Their words
In some dimensions, fiscal policy has an advantage over monetary policy in stabilizing output. The main example is indeed the operation of automatic stabilizers, which act faster than monetary policy can.
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Their words
Multipliers are likely to vary a lot over time and space, but the bulk of the evidence is that they are different from zero, positive for spending, negative for taxes, and that they are stronger when monetary policy does not or cannot react to fiscal policy.
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Their words
The proposition is that the cancellation of the bonds held by the central bank would decrease the amount of interest payments and thus the debt service of governments. And indeed, it would. But it would have another effect—namely, to decrease the revenues of the central bank and thus the profits that the central bank turns in to the government. This second effect would be exactly of the same size as the first, and the net effect on the government budget constraint would be equal to zero.
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Their words
The main challenge in discussing fiscal policy is the widely held and nearly religious belief that public debt is very bad.
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Their words
If a fiscal expansion takes place when output is already at potential, monetary policy is likely to tighten, leading to higher interest rates and thus a smaller effect or even no effect of the fiscal expansion on output.
25 November 2021
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